world-economy

Canadian National Backs Norfolk Southern Merger After Access Agreement with Union Pacific

Canadian National Railway has agreed to support the proposed merger between Union Pacific and Norfolk Southern. Under the settlement, CN secured enhanced access to U.S. Midwest markets and improved connectivity to Mexico. The agreement addresses concerns that the combination would limit competitive rail options for shippers in North America. Union Pacific has committed to providing CN with improved routing and service arrangements across key corridors. CN's backing could influence regulatory deliberations on the transaction.